SOLD
Sold on 22 May 2024 for $700,000

61/183 City Road
Southbank VIC 3006

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Sold By
GBE Property Investments
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Property Details for 61/183 City Rd, Southbank

61/183 City Rd, Southbank is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2004. The property has a floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
99m2
Local Government
Melbourne
Lot/Plan
CT61/PS504942

Last Listing description (July 2024)

Situated in the center of Southbank, the apartment offers easy access to various amenities and attractions, including restaurants, cafes, shopping centers, and public transportation hubs, making it an attractive option for urban living.

Enjoy the convenience of walking to South Melbourne Market, Crown Entertainment Complex, Southgate shopping, waterfront restaurants, a full-line Woolworths supermarket, Royal Botanic Gardens, Flinders Street Station, and tram lines to the CBD.

This well-presented apartment features three bedrooms, ideal for accommodating a small family. The bedrooms offer comfortable living quarters, each equipped with built-in robes and windows for natural light and ventilation.

Relax day and night in a large and breezy open-plan living and dining capturing an abundance of natural lights through its floor-to-ceiling glazing which connects to a private balcony for your outdoor entertainment. Discover a sophisticated dual-sided kitchen complemented by stone benchtops, dual sink, and high-quality appliances.

The apartment includes two designated car parks, a valuable feature in urban areas where parking can be scarce. This ensures convenience and security for residents with vehicles, providing hassle-free parking within the building premises.

Other features include ducted heating and cooling, intercom entry, access to a building concierge, a heated pool, a fully equipped gym, an outdoor terrace, and a tennis court.

Register now to inspect this beautiful living space. Contact Chris on 0432 011 282 or Octav on 0402 790 806 to inquire further.

Approximate outgoings per quarter:
Council Rates: $376.60
Water Rates: $166.60
Owners Corp Fees: $1,407.83

Disclaimer
Whilst we endeavor to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we, therefore, accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own inquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 61/183 City Rd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$700,000
22 May 2024
Listed for Rent
$650/w
28 Apr 2011
  • 22 May 2024
    Sold for $700,000
  • 29 Feb 2024
    Listed for Sale $700,000 - $750,000
  • 19 Mar 2011
    Listed for Rent - Price not available
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About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,052 properties. Over the last 5 years, Houses in Southbank have seen a 81.50% increase in median value, while Units have seen a 6.86% increase. As at 31 August 2024:

  • The median value for Houses in Southbank is $993,145 while the median value for Units is $602,583.
  • Houses have a median rent of $656 while Units have a median rent of $650.
There are currently 168 properties listed for sale, and 224 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1280 properties were sold in the past 12 months in Southbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.